Blog | Page 2 of 26

How crowdfunding is helping startups to reach their potential

Recent years have seen a significant rise in the popularity of crowdfunding. More and more startups and businesses have been utilizing this alternative method of raising funds. Revolut, a UK-based...

Technologies driving Fintech in the year 2020

Banking and financial services for the last few years have turned fast-paced with the adoption of technology. Fintech is said to be the epicentre of this change. Companies including Google,...

Celebrating Akeo’s 8 glorious years

It’s the time of the year when the entire Akeo comes together to celebrate the successes of the past year. The event began with a bang with a speech from our Chief Innovation Officer, Ashish Gupta....

If blockchain is so secure, then how are the exchanges getting hacked?

Oct 25, 2019 | Blockchain and DLT

How the blockchain secures data? The technology works literally like their name; the data/transaction is stored in a chain of “blocks”. Each set of information or the block is linked to the block before it or after it. As a result, the data is difficult to tamper with...

Top 3 challenges blockchain faces to disrupt the banking industry

Oct 22, 2019 | Blockchain and DLT

Blockchain has been one of the most talked-about technologies within the banking sector, given its potential to revolutionize services therein. The hype around the technology has led financial institutions to invest millions of dollars in finding out ways of applying...

How to become a PISP player under PSD2?

Oct 8, 2019 | Fintech

The Revised Payment Services Directive has been working on to build a framework for the Third Party Providers like PISP (Payment Initiation Service Provider) and AISP (Account Information Service Provider) to develop services on top of bank’s data. Open Banking under PSD2 has made it all possible with bringing the focus on access to the…

DAG Technology: Going beyond Blockchain

Sep 24, 2019 | Blockchain and DLT

Similar to the internet in its early days, blockchain technology has experienced massive shifts in acceptance and use cases in a short span of time. The underlying technology to Bitcoin is being leveraged by large organizations to disrupt almost all operations and...

Open Banking in the UK: What has changed so far

Sep 13, 2019 | Fintech

Since January 2018, when the UK embarked on its open banking experiment, we have heard a lot about it. Now the regulation is almost two years old, we believe that there have been visible changes in the financial landscape, especially for big banks and firms willing to...

How will Open Banking impact the market for lending

Sep 3, 2019 | Fintech

With open banking leading the way, large banks, financial institutions, and aspiring third party providers are preparing to redefine the financial services. They will produce more personalized products and services catering to the financial needs of the consumers....

Why Hyperledger Fabric will Win Against R3 Corda and Quorum?

Aug 30, 2019 | Blockchain and DLT

Blockchain as an emerging technology has not yet reached the ground level and yet the disruptive technology has seen five generations. While the first two generations, Bitcoin and Ethereum were public, permissionless blockchains, Hyperledger Fabric, Corda and Quorum are private and permissioned blockchains. Why this paradigm shift in technology when it was aimed to be…

How Big Data can benefit the finance industry

Aug 27, 2019 | Tech Trends

The vast growth of data and technological advancements have significantly transformed the way industries operate and compete. Today, businesses in the finance industry are continuously adopting data-driven approaches to amplify investment decisions and attain...

Open Banking demands customer-centric approach for banks and TPPs

Aug 23, 2019 | Fintech

Open banking has gained momentum in the global banking industry. Banks and Fintechs are adopting the new approach to revolutionize services quicker than ever before – keeping customer needs as the focal point. As banks and financial institutions across Europe are...

PSD2 to push transformation of customer experience in banking

Aug 6, 2019 | Fintech

Today’s customers want personalized interactions, easy access to their money, and simplified processes when it comes to banking services. A customer’s banking journey ranges from onboarding to transacting and account maintenance. With the increasing demand for...

How PSD2 is a massive opportunity for online merchants

Jul 30, 2019 | Fintech

PSD2 is coming into force on this 14th September to set standards for fraud prevention, data usage, and transparent online payments across the EU. The idea behind the directive is to safeguard online transactions, unify the payment system, as well as promote new and...

Real-time payments and PSD2 to drive payment innovation

Jul 23, 2019 | Fintech

We live in a world of constant change and increasing speed is the cornerstone for all the services. Disruptive technologies – mobile, cloud, and APIs – have greatly empowered customers who demand convenience, speed, and personalization in the services they get....

Blockchain-based payments to boost cross-border remittance

Jul 22, 2019 | Blockchain and DLT

Remittance pay market plays a significant role in the economic growth of billions of people around the world, especially in developing countries. According to a report by the World Bank, the total value of global digital remittance industry reached $613 billion in...

5 ways lenders can enhance operations with real-time bank data

Jul 16, 2019 | Fintech

Today, instant accessibility of financial services has become a major requirement for customers. They want banks and Fintech firms to offer financial services tailored to their need and preferences. The industry has been witnessing changes on similar lines where...

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